2700 S 16th St, Philadelphia, PA 19145

Property Description

A rare opportunity to acquire City Pizza, a turnkey legendary South Philadelphia business with decades of history and an exceptionally loyal customer base. Long time owner looks to retire but will work with buyer to ensure seamless transition so business continues to operate strongly as has been their decades long tradition. This offering includes both the original location at 16th and Oregon and the second location at Front and Snyder, each positioned in high-visibility corridors surrounded by dense residential neighborhoods. The flagship store at 16th and Oregon has long served as a community staple, drawing steady foot traffic and repeat customers from the Girard Estate, Marconi, Packer Park and Point Breeze areas, as well as visitors heading to and from Philadelphia’s sports complex. The second location at Front and Snyder extends the brand’s presence into the thriving Passyunk, LoMo, Pennsport and Whitman neighborhoods and benefits from proximity to major transit routes and I-95. This property also includes a fully leased residential unit above the pizzeria, creating additional income and increased investment value. Both locations are turn-key, well established, and anchored in communities where City Pizza has been part of the local fabric for generations. A truly exceptional opportunity to own and continue the legacy of one of South Philadelphia’s most recognizable and respected names in the pizza business. The total price for both locations is $2,800,000 which is $1,400,000 for 2700 S 16th Street and $1,400,000 for 100 Snyder Ave (MLS: PAPHQ565436)